On Regulatory and Management Reform, Chao’s Transportation Department Leads Way

Even as the fortunes of their legislative agendas wax and wane, all presidential administrations can have a dramatic impact – some for better, others for worse – on the course of federal regulation.

Sitting largely in the “better” category has been the Trump administration, which ordered agencies and departments to examine their own regulations, make recommendations for improvement and better understand how their rules may affect businesses and taxpayers. The overall results have been impressive: According to the American Action Forum, federal rulemakings in 2018 yielded a net savings to the economy of $7.8 billion – the first time agencies reduced this measurement of annual regulatory burden in 13 years of available data.

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